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Fort Worth firm to pay back $39.7 million on payday loans that charged 375% interest – A Fort Worth financial firm will cancel its outstanding loans. Plano and Irving. Interest rates on payday and auto title loans in Texas ranged from 209% to 530% in 2017. The average cost to repay a.
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How deep is the payday industry’s influence in Austin? Deeper than you think. – If you’re among the growing legions in Texas who have come to understand the real cost of a payday loan, here’s more reason to be ticked. it is time for cities like Fort Worth, Arlington and Irving.
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Senate passes tough payday loan bill, making passage doubtful – John Carona’s bill limiting the payday loan industry that has sprouted in the unregulated soil of Texas. More than 3,500 storefronts have mushroomed — more than the state has McDonald’s and.
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How the Payday Loan Industry Works Regulators from the Inside – White’s remarks also point to just how deeply rooted the payday loan industry has become in state government. Davis and others are reaching for that old Texas metaphor. except for Fort Worth, from.